Los Angeles daily herald., 1887-08-09
TUESDAY, AUGUST o, 1887.
The Reason For II All.

The Reason For Ii All.
That speculation in real estate has
attained very high state of activity
in Los Angeles, both city and county,
cannot be doubted. We learn that
there were at the beginning of this
month fully thirteen hundred real
estate agents regularly engaged in
business within the limits of Los An
geles county; and, further, that thus
far in August this formidable force
has been increased by seventy new
recruits. Whenever men enter into
any business it is because they see a
profit in it, and the possibility OF max
ing such profit in selling Los Angeles
real estate is of course contingent upon
an army of investors who are desirous
of buying it. The demand, in this
case, as in nearly all others, creates
the supply.
Many bewildered people in the
northern and central counties are in
clined to look upon such an army of
real estate operators as an indication
of an unhealthy and artificial state of
things in this section. They are gull
ty of the absurdity of supposing that
this array of real estate agents really
create the demand for lots and lands
in OF her words, that the effect is the
cause. A little reflection would show
them that there must be great vitality
to real estate when it can sustain,
without injury, such a great force of
perators. The presence of so many
persons, all interested in selling some
thing upon which to base commits
sion, would naturally have the effect
of lowering instead OF advancing the
real estate market, were that the only
aspect of the matter.
To what causes, then, must be re-
fcrred this extraordinary vitality in
real estate values? A newspaper pull
lished in region like this may well
conceive its principal mission to be
enlightening the world on such a
prominent phase of development, al
though its conductors might prefer to
discuss other topics, whose variety
and interest would prevent iteration.
In the first place, our geographical
situation is highly peculiar and advan-
tageous. 1t is right in the zone in
whi ch the best achievements in the
worlds history have been recorded
and, more important to the practical
modern age, it is in the line of the
shortest route from tide-water to tide
water in the United States. The sys-
TEN of the Southern Pacific Railway
makes Wilmington harbor in connec-
ton with the Atlantic coast terminus
of that road-New Orleans-the key
to the shortest transcontinental transit
in existence. This, in itself, is q very
important matter.
Another factor of great gravity in
the future of Los Angeles is the fact
that it is situated in a thermal belt ol
peculiar efficacy and attractiveness
from the point of hygiene, and an in
telligent sanitation. The daily land
and sea-breezes which alternate in
this valley temper the summer heats
to a delightful temperature, while our
winters are simply incompatible, out
side of a limited area embraced in
Southern California. That climate is
IN overruling influence in determin-
ing immigration here cannot be
doubted by any one who has chosen
to hold intercourse with the myriads
who are thronging into this country
from all quarters. Any one who has
enjoyed the delights of an Eastern
blizzard in winter, to say nothing OF
the prostrating heats of an Eastern
summer, can well understand this
desire to enjoy an equable climate, il
which there are absolutely no me
neurological calamities OF moment. A
false appreciation of the climate o
Florida for long time sent man,
Thousands and tens of thousands o
these people yearly to that State. A
knowledge, founded upon personal ex
perience, has dispelled the Florid'
glamour, and fully fifty per cent. o
the people who were wont to go Their
are now booked as regular thing TO
Southern California. AT the best
they only went to Florida for tn
winter. They come here to maxi
homes, as they find that it is at pres
ent the most progressive region on TIN
American continent.
Great attention ought to be given t.
another feature of the growth OF Lo
Angeles county. There are within il!
limits three million and a half acre.
Of land, well watered, with an almos
incredible depth of soil of the riches
description, and with sufficient rain
iall to assure crops ranging from the